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    NDRC: The Growth Rate Of Textile Industry Will Further Slow Down In The Second Half Of The Year.

    2011/7/13 10:20:00 52

    Development And Reform Commission Slowdown In Textile Industry

      

    Development and Reform Commission

    Yesterday released the report that the current

    textile industry

    Production, investment, exports and other major indicators have been compared with the beginning of the year.

    Increase

    Slowing down.

    expectation

    In the future, although the domestic demand market is still expected to continue to achieve steady growth, it is expected that the main textile industry in the second half of this year

    Economic indicators

    The growth rate will further slow down.


    Data show that 1~5 months, textile industry above Designated Size Enterprises to achieve industry

    Total output value

    1 trillion and 990 billion yuan, an increase of 30.15% over the same period last year.

    Output growth showed a decreasing trend from month to month, while 1~5 months decreased by 1.8, 1.45 and 0.4 percentage points over 1~2 months, 1~3 months and 1~4 months respectively.


    The report points out that, generally speaking, the current textile enterprises are facing "three shortage and one high" predicament of "labor shortage", "financing shortage", "electricity shortage" and high cost.

    Due to large fluctuations in raw material prices, rapid increase in labor costs, continued appreciation of the renminbi, slow growth in market demand, coupled with tight money and tight electricity, small micro textile and garment enterprises have been hit harder, and the pressure on continuous improvement is increasing, and the situation facing the industry is grim.

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